Artneto: (from WSOMN CC) Mr. B says a month ago, he did not believe it could happen in April, but now he believes that it will happen this month. Iko says there is a part of him that believes it will happen tonight. Says we will know in an hour and half if it happens tonight. Iko has a source at Chase and even the banks are being told, nearly every night, that it will happen, then it doesn't*

Dedar: Mr B supposedly has contacts up high in government and he is saying Obama wants this done within these 2 weeks.

Artneto: We are at the Finish Line - Maximum 2 weeks……. Mr. B says that he has been told that it will go at midnight. Many others have been told the same

Artneto: Iko believes that they (the Chinese) want the zim off the street in 5 days and that's why they are paying such high rates. He also believes that only Wells Fargo will exchange the zim

Elmerf123456: I agree with IKO…. I have been told the ZIM is a great sleeper. I remember that being said years ago also….. Why is the Zim valuable. Simple. Rare Earth Minerals! Africa is loaded with it. Not just Zimbabwe and China has a while interest in that country.

************

Elmerf123456: We have on multiple reports that we are seeing this come to a real end. Tonight could be a possibility. I understand there are many political reasons to put this to an end and I like that.

It certainly has dragged on long enough but I promise you all when its done you all will forget the length of time it took to get here and have the rest of your like life to do good things with it.

The longer aged the wine....the better the juice and this juice will be superfantastic.

Regardless of how long you have been on this journey, the reward is the validation and and the will of hanging on and I'm proud of all of you for standing tall regardless!

And for those of you that hold the Zim.....well...you will be very pleased. Nuff Said! No mention of rates. Just being a pillow to break your fall

PollySue: elmerf is there a cap on the zim?

Elmerf123456: It won't matter.

People who say a currency isn't worth such and such are basing the value on the currency. It's what's behind the currency that gives it the value and the rights to use within that country
That's whAts up with the hyperinflated value! Not the paper.

One last thought. You all have the salt. ENDURANCE! the ability to withstand hardship or adversity; especially : the ability to sustain a prolonged stressful effort or activity <a marathon runner's endurance> Proud of all of you!

If you have the faith of a mustard seed you can move a mountain! Time to move! My faith is strong.

It's better to be in the line than to wonder wonder what it was like waiting in the line

KTFA:

KTFA Monday Night Conference Call

Approx. 167 minutes long

The first part is Business Promo and the second part is Dinar/Iraq Intel

on the Wikipedia site .... it said ...in his list of accomplishments ...

Born in Baghdad on 1 July 1941 and son of the prominent Iraqi figure Mohammed Ridha Al-Shabibi, Dr. Al-Shabibi holds a B.Sc. inEconomics from Baghdad University (1966), a Diploma in Advanced Studies in Economic Development, an M.A. in Economics from the University of Manchester (1970, 1971), and a Ph.D. in Economics from the University of Bristol (1975)
Governor of the Central Bank of Iraq[edit]

Since taking over as central bank governor, Al-Shabibi introduced the bank's employees to modern finance and payment systems. He made the bank switch from typewriters and calculators to computers, introduced it to financial instruments like currency auctions, and replaced Iraq's pre-2003 banknotes with the New Iraqi Dinar between October 2003 and January 2004.

He also involved directly the Central Bank of Iraq in the International Monetary Fund and World Bank co-operation programs, in addition to the Paris Clubnegotiations where 19 rich creditor nations agreed in 2004 to write off 80 percent of pre-2003 debt to help Iraq recover from the 2003 U.S.-led invasion. Debt forgiveness talks with non-Paris Club nations are still under way.

In the effort to further modernize the Central Bank of Iraq, Al-Shabibi appointed Baghdad-born architect Zaha Hadid in August 2010 to design the new headquarters for the Central Bank in Baghdad. On February 2, 2012 Zaha Hadid joined Dr Sinan Al‐Shabibi at a ceremony in London to sign the agreement between the Central Bank of Iraq andZaha Hadid Architects for the design stages of the new CBI Headquarters building.

Despite a highly uncertain domestic and external environment, Al-Shabibi has held the Iraqi currency, the Iraqi Dinar firm at about US$1 = IQD 1'190 (US$1 equaled IQD 2'214 in December 2002), reduced inflation to single digits (from 64% in 2006 to 5.2% in September 2012), quadrupled the bank's gold reserves to 32 tonnes, and remained a strong advocate of central bank independence.

The implementation of these policies combined with the rise in oil revenues have helped to increase foreign exchange reserves to nearly US$67 billion (as of September 2012) up from US$2.7 billion in December 2002 supporting further Iraq's Macroeconomic stability.

Don961: The Good Dr. obviously is very qualified and capable .... he knows what to do ... and how to do it !!!!!

No mention of a Party affiliation .......Sounds like a Technocrat ....

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BACKDOC: WE EXPECT A STRONG DOLLAR SURGE WHILE IRAQ AND VIETNAM DE-DOLLARIZE AFTER THEIR RATE BUT BY JUNE A DIFFERENT STORY MAY BE TOLD!DOCIMO

Thunderhawk: Backdoc Alert

Brace for big commodities drop, traders warn

After a great few weeks for the commodities trade, it's now time to get out, some strategists say.
The commodities trade is "not only being hit cyclically, but it's also being hit fundamentally, so I would expect a decline over the next month," Phillip Streible of RJO Futures said Friday on CNBC's "Trading Nation."
Strong gains across oil, copper, gold and other commodities have made for a very profitable month for bulls. In fact, March was the first positive month for the S&P GSCI total return commodities index since October, and the best March since 2006.

But Streible said that after riding recent gains, traders are repositioning more defensively as the Federal Reserve readjusts to a more dovish stance.

"We saw a lot of profit-taking come in in the first day of the [second] quarter," said Streible. "We've seen a lot of anticipation that the Fed will go on that two-hike cycle."

And from a technical perspective, commodities such as oil and copperhave merely enjoyed a minor bounce in the midst of a long-term downtrend, Streible said.
Meanwhile, in the near term, "if you look at the peak that's in place, we're starting to decline," the trader said. "Strength to the downside is building."
Trouble in commodities could, in turn, cause trouble for the materials sector.
S&P Investment Advisory chief investment officer Erin Gibbs says the materials sector could see significant downside sparked by oil weakness, stabilization in the dollar and the expectation of a weak earnings season ahead.

Over the past year, the daily moves of the Materials Select Sector SPDR Fund (XLB) have had a 0.5 correlation with the commodity index, a bit higher than the 0.4 correlation between the S&P 500 ETF (SPY) and commodities.

The biggest problem, however, could be earnings. In the second quarter, materials companies are expected to suffer an earnings drop of 7 percent, according to data from S&P, which Gibbs views as another reason to shy from the names.

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